Tag: 401(k)
The brief’s key findings are: Student debt nearly tripled in real terms from 2005 to 2017, creating a financial burden that could potentially hamper retirement saving by young adults. The analysis looked at the impact of student debt on 401(k) participation and assets for young workers who attended college, both graduates and non-graduates. The results…
The brief’s key findings are: Employers with 401(k)s are required to administer their plans for the “sole benefit” of workers, a standard that has been the subject of substantial litigation. Recent lawsuits have focused on excessive fees, although inappropriate investment options and self-dealing are other common reasons for suits. Court rulings in these cases often…
